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Amkor Technology (FRA:AMK) Return-on-Tangible-Equity : 11.81% (As of Sep. 2024)


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What is Amkor Technology Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Amkor Technology's annualized net income for the quarter that ended in Sep. 2024 was €442 Mil. Amkor Technology's average shareholder tangible equity for the quarter that ended in Sep. 2024 was €3,740 Mil. Therefore, Amkor Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 11.81%.

The historical rank and industry rank for Amkor Technology's Return-on-Tangible-Equity or its related term are showing as below:

FRA:AMK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.56   Med: 13.51   Max: 24.65
Current: 9.18

During the past 13 years, Amkor Technology's highest Return-on-Tangible-Equity was 24.65%. The lowest was 4.56%. And the median was 13.51%.

FRA:AMK's Return-on-Tangible-Equity is ranked better than
65.67% of 967 companies
in the Semiconductors industry
Industry Median: 4.46 vs FRA:AMK: 9.18

Amkor Technology Return-on-Tangible-Equity Historical Data

The historical data trend for Amkor Technology's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amkor Technology Return-on-Tangible-Equity Chart

Amkor Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.58 15.30 25.45 24.00 9.35

Amkor Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.17 11.98 5.96 6.71 11.81

Competitive Comparison of Amkor Technology's Return-on-Tangible-Equity

For the Semiconductor Equipment & Materials subindustry, Amkor Technology's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amkor Technology's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Amkor Technology's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Amkor Technology's Return-on-Tangible-Equity falls into.



Amkor Technology Return-on-Tangible-Equity Calculation

Amkor Technology's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=329.949/( (3442.99+3615.093 )/ 2 )
=329.949/3529.0415
=9.35 %

Amkor Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=441.74/( (3745.84+3733.725)/ 2 )
=441.74/3739.7825
=11.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Amkor Technology  (FRA:AMK) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Amkor Technology Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Amkor Technology's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Amkor Technology Business Description

Traded in Other Exchanges
Address
2045 East Innovation Circle, Tempe, AZ, USA, 85284
Amkor Technology Inc is a provider of outsourced semiconductor packaging and test services to integrated device manufacturers, fabless semiconductor companies, and contract foundries. The firm's products are organized into two categories namely advanced products that include flip chip, fine pitch bumping, wafer-level processing, advanced SiPs, power modules, and others, and Mainstream products that includes wirebond packaging and testing. The company derives maximum revenue from the advanced products category. The company derives majority of its revenue from Foreign states.